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Beef: Uruguay exports fall 39% in january, compared to 2021

Feb, 03, 2023 Posted by Lillian Smoak

Week 202306

Beef exports from Uruguay totaled US$ 131 million, 39% below what was registered in January 2022. However, the product was the second most sold by the country, representing 15% of what was exported in January 2023, according to data of Uruguay XXI.

The drop is partially due to the 55% decrease in purchases from China compared to the previous year, from US$ 150 million in January 2022 to US$ 67 million in January 2023.

Uruguay beef exports | Jan 2019 – Dec 2022 | TEU

Source: DataLiner (click here to request a demo)

However, the Chinese market remains the most important destination for Uruguayan beef, with 51% of total beef exports. Exports to other destinations add up to US$ 64 million and fell to a lesser extent, 2% in the annual comparison, pointed out the report.

Exports of meat derivatives totaled US$ 29 million in January 2023, registering a negative annual variation of 32%. These represented 3% of the total exported in the month.

Source: Rural Channel

To read the original report, visit: https://www.canalrural.com.br/radar/carne-bovina-exportacao-do-uruguai-cai-39-em-janeiro-ante-2021/

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